An investor's guide to Southwestern Energy Company

Why Southwestern Energy’s position in the Marcellus Shale is key

By Sandra Nathanson
|
Jan 20, 2014 8:00 am EST

The Marcellus Shale

Over the past several years, Southwestern Energy has also grown its total production and reserves in the Marcellus Shale, although the play makes up a much smaller proportion of overall company production than the Fayetteville Shale. The company currently has 337,000 net acres in the Northeast Pennsylvania area of the Marcellus Shale.

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As of September 30, 2013, the company was producing ~611 million cubic feet per day of natural gas from 151 wells (about 33% of total company production). This represents a roughly threefold increase over Southwestern’s Marcellus production a year ago.

In 2014, Southwestern plans to drill 80 to 85 operated horizontal wells in the Marcellus Shale.